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ATR Bands [NeoButane]

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ATR bands, smoothed with exponential moving averages.

The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.

See here for an upgraded version:
ATR Trailing Stop Bands [NeoButane]
Nota Keluaran
- Added option to not use a moving average to get the real value for stop loss
Nota Keluaran
Added alert conditions for the labels. Defaulted EMA smoothing to true.
Nota Keluaran
Added additional bands that are off by default. These bands do not have alerts nor shapes attached to them, so I have turned "Show Labels When Price Closes Out of Bands" off for default to prevent confusion.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.